New York bank regulator Lawsky opens currency trading probe

Benjamin Lawsky, New York’s financial services superintendent, has opened an investigation into manipulation of the currency markets by large banks and is requesting documents from more than a dozen institutions, according to a source familiar with the matter.

The source said Lawsky has asked for documents from Barclays BARCR.UL, Credit Suisse (MLPN.P), Deutsche Bank DBKGN.DE, Goldman Sachs (GS.N), Lloyds Banking Group Plc (LLOY.L), RBS (RBS.L), Societe Generale (SOGN.PA) and Standard Chartered.

Reuters

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